Zillow Group Class Etf Probability of Future Etf Price Finishing Under 71.23
| Z Etf | USD 74.69 0.78 1.03% |
Zillow |
Zillow Group Target Price Odds to finish below 71.23
The tendency of Zillow Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 71.23 or more in 90 days |
| 74.69 | 90 days | 71.23 | about 54.12 |
Based on a normal probability distribution, the odds of Zillow Group to drop to $ 71.23 or more in 90 days from now is about 54.12 (This Zillow Group Class probability density function shows the probability of Zillow Etf to fall within a particular range of prices over 90 days) . Probability of Zillow Group Class price to stay between $ 71.23 and its current price of $74.69 at the end of the 90-day period is about 14.42 .
Taking into account the 90-day investment horizon Zillow Group has a beta of 0.49. This usually means as returns on the market go up, Zillow Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zillow Group Class will be expected to be much smaller as well. Additionally Zillow Group Class has an alpha of 0.2476, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zillow Group Price Density |
| Price |
Predictive Modules for Zillow Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zillow Group Class. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Zillow Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zillow Group is not an exception. The market had few large corrections towards the Zillow Group's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Zillow Group Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zillow Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 9.11 | |
Ir | Information ratio | 0.06 |
Zillow Group Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Zillow Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zillow Group Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zillow Group Class had very high historical volatility over the last 90 days | |
| The company reported the annual revenue of 1.95 B. Total Loss to common stockholders was (158 M) with gross profit before all taxes, overhead, and interest of 1.59 B. | |
| Over 98.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: Zillow Groups SWOT analysis stock outlook mixed amid housing market challenges | |
| The fund keeps all of the net assets in exotic instruments |
Zillow Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Zillow Etf often depends not only on the future outlook of the current and potential Zillow Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zillow Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 233.6 M | |
| Cash And Short Term Investments | 2.8 B |
Zillow Group Technical Analysis
Zillow Group's future price can be derived by breaking down and analyzing its technical indicators over time. Zillow Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zillow Group Class. In general, you should focus on analyzing Zillow Etf price patterns and their correlations with different microeconomic environments and drivers.
Zillow Group Predictive Forecast Models
Zillow Group's time-series forecasting models is one of many Zillow Group's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Zillow Group's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Zillow Group Class
Checking the ongoing alerts about Zillow Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zillow Group Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zillow Group Class had very high historical volatility over the last 90 days | |
| The company reported the annual revenue of 1.95 B. Total Loss to common stockholders was (158 M) with gross profit before all taxes, overhead, and interest of 1.59 B. | |
| Over 98.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: Zillow Groups SWOT analysis stock outlook mixed amid housing market challenges | |
| The fund keeps all of the net assets in exotic instruments |
Other Information on Investing in Zillow Etf
Zillow Group financial ratios help investors to determine whether Zillow Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zillow with respect to the benefits of owning Zillow Group security.